Missing $20bn: Senator wants Nigerians to be vigilant

Senator Olubunmi Adetumbi, (APC, Ekiti) yesterday urged Nigerians to be vigilant in ensuring that ongoing investigations into the alleged non-remittance of $20 billion crude oil earnings is allowed to reach satisfactory conclusion.
The lawmaker noted that it was only when all unremitted funds are accounted for that Nigerians would be assured that they have not been short-changed.
Senator Adetumbi, who is the Vice Chairman, Senate Committee on Interior, stated this while speaking to newsmen yesterday in Abuja.
According to him, the ongoing controversy involving the missing funds as claimed by the Central Bank Governor, Sanusi Lamido Sanusi, was a vindication of his position when he first raised the motion of urgent public importance on the unremitted funds on the floor of the senate.
He said: “I have been watching with keen interest the ongoing investigations on the alleged unremitted $49.9bn funds (now reviewed downwards to $20 bn by the CBN Governor) from oil exports into the federation account. The facts coming out is a vindication of my motion raised on the 11th of December.
“The motion had requested that the committee on Finance and Appropriation should pursue to a logical conclusion the investigations into the alleged non-remittance of revenue into Government coffers by the NNPC.”

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